Kwantlen Polytechnic University Foundation
Publicly funded institution · Surrey, British Columbia · BN 861562924RR0001 · Foundations Advancing Education · website
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($5,099,746) as filed with the CRA.
Kwantlen Polytechnic University Foundation is a charitable organization based in Surrey, British Columbia, classified by the CRA under foundations advancing education. It appears on the charity register the way hospitals, universities, and other publicly funded bodies do — to issue tax receipts — rather than as a donation-driven charity in the usual sense. In its fiscal year ending March 31, 2024, it reported $15.7M in revenue and $5.1M in expenditures.
Its funding that year was roughly 21% from donations, 29% from other charities. In 2024, 25 other registered charities reported granting it a combined $6.1M.
Compared with 733 education institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 69% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group.
It reported gifts to 1 qualified donee totalling $3.4M in 2024, the largest being $3.4M to KWANTLEN Polytechnic University. Revenue has grown substantially over its filings on record here, from $5.1M in 2020 to $15.7M in 2024. Its filed list of directors and trustees shows 1 name.
In its own words
Fundraising in support of activities with kwantlen polytechnic university (kpu): 1) provide to selected kpu students scholarships awards and bursaries 2) capital projects 3) research related endeavours
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $15.7M | $5.1M | $1.4M | — | $3.4M | $82.2M |
| 2023 | $12.5M | $6.3M | $1.5M | $21K | $4.8M | $71.6M |
| 2022 | $20.6M | $2.5M | $1.5M | $17K | $977K | $65.4M |
| 2021 | $19.2M | $2.2M | $1.5M | $14K | $654K | $47.2M |
| 2020 | $5.1M | $2.1M | $1.4M | $23K | $690K | $30.2M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $3.4M to 1 qualified donee:
Received $6.1M from 25 charities:
- KWANTLEN Polytechnic University$3.1M
- Charitable Gift Funds Canada Foundation$2.4M
- Y.P. Heung Foundation$174K
- RBC Foundation$115K
- Vancouver Foundation$103K
- Wellspring Charitable Foundation$50K
- Pieter de Reuver Foundation$40K
- United Way British Columbia$26K
- ZLC Foundation$10K
- Chartered Professional Accountants' Education Foundation of British Columbia$7,500
- The Danish Lutheran Church of Vancouver B.C.$5,976
- Strategic Charitable Giving Foundation$5,000
- Molson Coors Canada Donations Fund$5,000
- Molson Coors Canada Donations Fund$5,000
- First West Foundation$4,134
- Windward Foundation$2,500
- Royal Columbian Hospital Foundation$2,000
- Skills For Hope Foundation$2,000
- Credit Union Foundation of British Columbia$1,700
- Richmond Community Foundation$1,500
- Jewish Community Foundation of Montreal$1,000
- Plant a Seed & See What Grows Foundation$1,000
- Simon Chang Foundation For Change/Fondation Simon Chang Pour Le Changement$1,000
- Nicola Wealth Private Giving Foundation$500
- Canadian Online Giving Foundation$90
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Alan Davis (president kpu/vice chancellor).
As listed on its 2024 return.
Check the source
Every figure on this page is from Kwantlen Polytechnic University Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 861562924RR0001), or read how we compute the receipt.